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  • Politics
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  • inflation
Daily life in Egypt has been strained by a wave of price rises driven by Egyptian pound slumps, leaving the country at the mercy of the dollar. Jamie Wignall

Egypt’s deal with the IMF comes with dramatic consequences for the economy

Daily life in Egypt has been strained by a wave of price rises driven by Egyptian pound slumps, leaving the country at the mercy of the dollar.

Marcelle Nasr 13 February 2023
A pump jack of Wintershall DEA is pictured in Emlichheim near the northern German city of Meppen, Germany, March 9, 2022. REUTERS/Fabian Bimmer

Oil Rises On China Demand Hopes, U.S. Inflation in Focus

Oil rose about 1% on Thursday supported by optimism over China's demand outlook and hopes that upcoming inflation data from the United States will point to a slower increase in interest rates. Top…

12 January 2023
India's Chemicals and Fertilizers Minister Mansukh Mandaviya, who is also Union Minister of Health and Family Welfare, gestures during his interview with Reuters at his office in New Delhi, India, July 15, 2022. REUTERS/Anushree Fadnavis

India Urges Global Companies to Help Build Fertiliser Storage

India, a leading importer of fertilisers, is seeking investment from global companies as the nation works to build storage for the crop nutrients, fertiliser minister Mansukh Mandaviya said on…

07 December 2022
A customer shops organic products at the Bio foods in a Lidl supermarket in Gattieres near Nice, France, December 2, 2022. REUTERS/Eric Gaillard/File Photo

Factbox: How Governments Are Trying To Ease Inflation Pain

Pandemic-related disruptions to global supply chains and the knock-on effects of Russia's war in Ukraine have driven up prices of energy, commodities, and necessities. Here's how governments are…

05 December 2022
U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul February 7, 2011. REUTERS/Lee Jae-Won

Dollar Steadies After Recent Falls, Gains on Pound and Yen

The pound and Japanese yen edged off multi-month highs against the dollar on Monday as traders, investors and analysts started to speculate whether the greenback's recent bout of weakness was coming…

05 December 2022
A woman in a protective mask is seen at Andreas Grocery store after it received a delivery of fresh fruit and vegetables, as the spread of the coronavirus disease (COVID-19) continues, in London, Britain, March 20, 2020. REUTERS/Dylan Martinez

UK Public Sector Pay Won't Keep Up With Inflation: Transport Minister

British public-sector pay will not be able to keep up with soaring inflation, transport minister Mark Harper said on Sunday, as the country faces a wave of industrial disputes. Industrial action…

27 November 2022
Election workers make a final preparation at a polling station during Malaysia's 15th general election, in Bera, Pahang, Malaysia November 19, 2022. REUTERS/Lai Seng Sin

Malaysia Votes in General Election, Anwar Seen Leading Tight Race

Malaysians were voting on Saturday in a general election that may fail to end the recent phase of political instability in the Southeast Asian nation as polls have predicted no clear winner. The…

19 November 2022
People stroll at Mahmutpasa street, a middle-class shopping area, in Istanbul, Turkey May 6, 2022. REUTERS/Murad Sezer

Turkey's Inflation Hits 24-Year High of 85.5% After Rate Cuts

Turkish annual inflation climbed to a new 24-year high of 85.51% in October, official data showed on Thursday, slightly below forecast, after the central bank cut its policy rate despite surging…

03 November 2022
FILE - A light installation is projected onto the building of the European Central Bank during a rehearsal in Frankfurt, Germany, Dec. 30, 2021. Inflation hit a new record in the 19 countries that use the euro currency, fueled by out-of-control prices for natural gas and electricity due to the war in Ukraine, the European Union statistics agency Eurostat reported Monday, Oct. 31, 2022. (AP Photo/Michael Probst, File)

Inflation Hits New Record in Europe, Slowing Economy

Inflation hit a new record in the 19 countries that use the euro currency, fueled by out-of-control prices for natural gas and electricity due to Russia’s war in Ukraine. Economic growth also slowed…

AP 31 October 2022
Shoppers walk next to the clubcard price branding inside a branch of a Tesco Extra Supermarket in London, Britain, February 10, 2022. Picture taken February 10, 2022. REUTERS/Paul Childs

Political Chaos Tips British Firms into Deeper Slide-PMI

British businesses are suffering their worst month since January 2021, when they were under a COVID-19 lockdown, as the country's political upheavals compound concerns about inflation and rising…

24 October 2022
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Qatar's Emir Tamim bin Hamad al-Thani (C) reviews a military honour guard with Chinese President Xi Jinping (L) during a welcoming ceremony in Beijing's Great Hall of the People on January 31, 2019. GREG BAKER / AFP
Politics

Pivot to China? Gulf states mull options after Doha strike

12 September 2025

Israel's attack in Qatar erodes Gulf states' trust in the US and serves as a stark reminder that they cannot depend on American security guarantees

Xiaotong Yang
A Hezbollah flag is placed in front of the shrine of Shamoun al-Safa, built within a castle in the village of Shamaa in southern Lebanon's Tyre governorate, on January 31, 2025, that was heavily damaged by Israeli bombing. Mahmoud ZAYYAT / AFP
Business & Economy

Trump Economic Zone plan raises eyebrows in Lebanon

11 September 2025

Many Lebanese see the project as a demographic one with economic dressings aimed at expelling the country's southern population from their lands

Souraya Chahine
Syrian President Ahmed al-Sharaa Al Majalla
Politics

From Idlib to New York: Sharaa’s winding road the UN

12 September 2025

From the plains of Idlib to the presidential palace in Damascus and now the UN headquarters in Manhattan, Al Majalla traces the Syrian president's journey to get to this historic moment

Ibrahim Hamidi
Opinion

'The Voice of Hind Rajab' shows cries for justice are only getting louder

07 September 2025

A 24-minute standing ovation at the film premiere was more than a symbolic gesture of justice for Israel's murder of little Hind, but a heartfelt cry of real anguish over the ongoing genocide in Gaza

Samer Abou Hawwach
Egyptian writer May Telmissany poses during a portrait session held on April 15, 2014, in Paris, France. Ulf Andersen/Getty
Culture & Social Affairs

May Telmissany: writing is an act of resistance against the ugliness of the world

14 September 2025

The acclaimed Egyptian writer talks love, betrayal, autobiography, and the lack of Arab literary identity

El-Sayed Hussein

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